
Web3 IoT IoV Qfs Training Xrpl Algo Hbar Business Consolidation Investors Guide - Decentralised Net
May 13, 2025 at 11:10 PM
🔥 The Pillars of @FlareNetworks 2.0
Protocol Managed Wallets (PMWs) + Verifiable Compute (VC)
These two pillars allow @FlareNetworks to interact with any chain or #web2 system—without needing bridges, wrapping, or trust in outside validators.
🔹 Protocol Managed Wallets (PMWs)
These are on-chain agents controlled by Flare consensus that:
Hold assets on external chains (like $BTC, $XRP, $DOGE, $ALGO, etc.)
Execute transactions per instructions agreed upon by @FlareNetworks 's decentralized validators
Removes the need for wrapped assets or custodial bridges
➡️ This enables native asset interaction across chains, all coordinated by #flarenetwork without a single centralized point of failure.
🔹 Verifiable Compute (VC)
This includes Trusted Execution Environments (TEEs) and Flare’s own decentralized compute layer
It allows Flare to run off-chain computations, then submit cryptographically verifiable outputs
Think: Automated KYC, risk assessments, game logic, oracle evaluations—all verifiable, zero-trust
➡️ These outputs are fed into Flare Consensus and signed like on-chain truth.
🔹 FTSO + FDC
FTSO = decentralized price feeds (you already know this if you’re staking FLR)
FDC (Flare Data Connector) = brings external Web2 or API data on-chain
Together, these form a data pipeline for smart contracts and PMWs to function with real-world inputs.
🔸 What’s the Result?
#flare can control #bitcoin, #xrp, and other non-smart contract chains trustlessly
It can read #web2 data, compute with confidentiality, and write actions back
All without #chainlink, bridges, or sidechains
🧠 TL;DR:
Flare 2.0 = Blockchain + API layer + Control Layer + Verifiability layer.
It’s not just interoperable—it’s programmable across every layer of value.
No other network—not #solana, not #link, not #ethereum—has this baked in natively.